The Week at Ropes & Gray: Two Major Transactions; Another Important Victory for LGBTQ Couples; Supreme Court Ruling Impacts Bankruptcy Code; New Podcast in Our Series on Credit Funds; Guidance on New “Data Protection” Fees; Attorneys Advocate for Increased Civil Legal Aid in Mass.
Weekly highlights of what’s happening at Ropes & Gray:
- Two major transactions recently announced by our clients include:
- Revint Solutions announced its acquisition of Naveos, a market leader in specialized government reimbursement technology and services for healthcare providers. Ropes & Gray represented Revint in the transaction.
- Express Oil Change & Tire Engineers, a Golden Gate Capital portfolio company, announced its plans to merge with Mavis Discount Tire, creating one of the largest independent automotive service platforms in the U.S. Ropes & Gray advised Express Oil on the transaction.
- At the urging of Ropes & Gray and the National Center for Lesbian Rights, the U.S. Supreme Court declined to review a ruling of the Arizona Supreme Court, preserving the equal treatment of same- and opposite-sex spouses. The decision in McLaughlin v. McLaughlin marks the latest in a string of victories Ropes & Gray has helped achieve against discriminatory state statutes targeted at LGBTQ couples since the Supreme Court’s 2015 landmark decision in Obergefell v. Hodges.
- The U.S. Supreme Court issued a Feb. 27 ruling in Merit Management Group, LP v. FTI Consulting, Inc. that will make it easier for bankruptcy trustees, creditors’ committees, and other bankruptcy estate representatives to claw back payments made to shareholders in leveraged buyouts and dividend recapitalizations. Our attorneys examine the Court’s decision and its implications.
- Today’s asset managers are increasingly multi-platform, regularly managing private equity funds, hedge funds and credit funds all under the same roof. This podcast, the second in a series on issues related to credit funds, discusses conflict of interest situations that arise when funds managed by the same sponsor engage in transactions with one another or alongside one another.
- New data protection regulations currently before the UK Parliament set out a revised model for funding the data protection work of the UK Information Commissioner’s Office (ICO). In this new alert, privacy & cybersecurity partner Rohan Massey provides commentary on the guidance recently published by the ICO to help organizations understand what fees, if any, they will need to pay under the new regime.
- Ropes & Gray brought 45 attorneys to the 19th Annual Walk to the Hill for Civil Legal Aid in Boston, one of the largest lobbying days at the Massachusetts State House, leading to a recognition in Massachusetts Lawyers Weekly that it had the highest participation of lawyers from any law firm.
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